Tds
This query is : Resolved
29 October 2013
if Mr. A, Chartered Account is appointed on "CONTRACT BASIS" in M/s XYZ (Chartered Accountant's Firm), paid Rs. 3,00,000 during the previous year 2012-13. Now under which section XYZ should deduct tax?? under 194J as professional fee or under 194C as contract??
29 October 2013
194J will be applicable on payment made to chartered accountant for his professional services
Message likes :
1 times
29 October 2013
a chartered accountant is never considered under 194C.
Message likes :
1 times
29 October 2013
Agree with GaneshBabu ji,
TDS is to be deducted U/S 194J @ 10 percent...
TDS is to be deducted U/S 194J @ 10 percent...
Message likes :
1 times
30 October 2013
Anything paid to chartered will b considered as professional fees. And Tds deducted u/s 194J.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
